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TABLE-S.Africa April-March budget deficit widens y/y

30 April 2012 By admin

JOHANNESBURG, April 30 (Reuters) - South Africa's budget shortfall increased
to 150 billion rand ($19.35 billion) in the 12 months to March, compared to a
135 billion rand deficit over the same period in 2010/11, data from the Treasury
showed on Monday.	
    Revenue came to about 740 billion rand in 2011/12, against expenditure of
890 billion rand. The Treasury in April estimated the budget shortfall for the
2011/12 financial year at 4.5 percent of gross domestic product.	
    The table below indicates revenue and expenditure for March, cumulative data
for April-March and comparable figures for the previous year.  	
    Revenue and expenditure for the fiscal year to date are also expressed as
percentages of the estimate for 2011/12 and the outcome for 2010/11.   	
	
 REVENUE         March           April-March     Pct of Revised estimate/ 
 Fiscal year     R'bln           R'bln           audited outcome 
 2011/12         90.155          739.803         100.7% 
 2010/11         85.55           669.738         100.0% 
 	
 EXPENDITURE     March           April-March     Pct of Revised estimate/ 
 Fiscal year     R'bln           R'bln           audited outcome 
 2011/12         101.636         889.529          99.8% 
 2010/11          89.255         805.190         100.0% 
 ($1 = 7.7500 South African rand)	
	
 (Reporting by Xola Potelwa; Editing by Stella Mapenzaswa)

© Thomson Reuters 2012 All rights reserved





Previous: S.Africa crude imports from Iran rise in March m/m
Next: Port Elizabeth Delivers Wind for Hobie 16 Nationals





Filed Under: South Africa Tagged With: news, reuters, south africa

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